Bare Knuckles Ag ™

USDA

USDA’s June WASDE Corn Price Forecast too S-T-I-N-G-Y by Historical Standards

Initially, the trade reaction to USDA’s June 11 WASDE balance sheet for corn was price friendly. Traders were surprised USDA cut the planted acreage estimate by 3 million from March Prospective Plantings this soon; not even waiting to see the…
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Fate of 2019 “ghost acres” ?

Fate of 4 million “ghost acres” mysteriously missing from March Prospective Plantings Report Amid all the post-report hoopla regarding unexpectedly high planting intentions for corn, the bigger than expected drop in planned soybeans and the lowest wheat acreage since USDA…
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